Auction Sales Slowed Pace of Increases in May

Dealer auction sales were buoyed by an influx of trade-ins in April stemming from consumer pre-buy activity in anticipation of higher prices due to tariffs. Graphic: AuctionNet AuctionNet wholesale auction sales reached 601,300 vehicles in May, up 3.5% from last May (selling day adjusted), according to monthly figures released June 12 from AuctionNet. While up,… Continue reading Auction Sales Slowed Pace of Increases in May